hobby

Over the years, I have regularly helped my clients with their tax audits after the IRS determined that their businesses were really hobbies. Filing taxes as a sole proprietor of a business means you can take advantage of tax deductions you may not have access to if your activity is a hobby, so it’s important [...]

Being self-employed requires passion and determination. With some hard work and creative thinking, you can turn your favorite hobby into a small business that makes money and helps you achieve your financial goals. Almost 15 years ago, the manager of the gym where I was working as a bookkeeper asked me if I wanted to [...]